Public Sector Economics

1823
Views



273
Downloads

Aggregate marginal costs of public funds*



John K. Dagsvik**
   
Steinar Strøm**
Article   |   Year:  2022   |   Pages:  239 - 260   |   Issue:  2
Received:  June 1, 2021   |   Accepted:  December 24, 2021   |   Published online:  June 1, 2022
Download citation        https://doi.org/10.3326/pse.46.2.3       


  1. Atkinson, A. B., 1983. The Economics of Inequality. Oxford, UK: Clarendon Press.

  2. Ballard, C. L. and Fullerton, D., 1992. Distortionary Taxes and the Provision of Public Goods. Journal of Economic Perspectives, 6(3), pp. 117-131 [CrossRef]

  3. Ballard, C. L., 1990. Marginal Welfare Cost Calculations: Differential Analysis vs. Balanced-Budget Analysis. Journal of Public Economics, 41(2), pp. 263-276 [CrossRef]

  4. Ben-Akiva, M. and Watanatada, T., 1981. Application of a Continuous Spatial Choice Logit Model. In: C. Manski and D. McFadden, eds. Structural Analysis of Discrete Data. Washington: MIT Press, pp. 320-341.

  5. Bosmans, K., Decancq, K. and Ooghe, E., 2018. Who’s Afraid of Aggregating Money Metrics? Theoretical Economics, 13, pp. 467-484.

  6. Browning, E. K., 1976. The Marginal Cost of Public Funds. Journal of Political Economy, 84(2), pp. 283-298 [CrossRef]

  7. Browning, E. K., 1987. On the Marginal Welfare Cost of Taxation. American Economic Review, 77, pp. 11-23.

  8. Dagsvik, J. K. [et al.], 1988. The Impact on Labor Supply of a Shorter Workday: A Micro-econometric Discrete/Continuous Choice Approach. In: R. A. Hart, ed. Employment, Unemployment and Labor Utilization. Winchester, MA: Unwin Hyman, Inc.

  9. Dagsvik, J. K. [et al.], 2014. Theoretical and Practical Arguments for Modeling Labor Supply as a Choice among Latent Jobs. Journal of Economic Surveys, 28(1), pp. 131-151 [CrossRef]

  10. Dagsvik, J. K. and Jia, Z., 2016. Labor Supply as a Choice among Latent Jobs: Unobserved Heterogeneity and Identification. Journal of Applied Econometrics, 31(3), pp. 487-506 [CrossRef]

  11. Dagsvik, J. K. and Karlström, A., 2005. Compensating Variation and Hicksian Choice Probabilities in Random Utility Models that are Nonlinear in Income. Review of Economic Studies, 72(1), pp. 57-76 [CrossRef]

  12. Dagsvik, J. K. and Strøm, S., 2006. Sectoral Labor Supply, Choice Restrictions and Functional Form. Journal of Applied Econometrics, 21(6), pp. 803-826 [CrossRef]

  13. Dagsvik, J. K., 1994. Discrete and Continuous Choice, Max-Stable Processes, and Independence from Irrelevant Attributes. Econometrica, 62(5), pp. 1179-1205 [CrossRef]

  14. Dagsvik, J. K., Strøm, S. and Locatelli, M., 2019. Marginal Compensated Effects in Discrete Labor Supply Models. CESifo, No 7493 [CrossRef]

  15. Dagsvik, J. K., Strøm, S. and Locatelli, M., 2021. Marginal Compensated Effects in Discrete Labor Supply Models. Journal of Choice Modelling, 41 [CrossRef]

  16. Dahlby, B., 2008. The Marginal Cost of Public Funds: Theory and Applications. Cambridge, MA: MIT Press [CrossRef]

  17. Figari, F. L., Gandullia, L. and Lezzi, E., 2018. Marginal Cost of Public Funds: From the Theory to the Empirical Application for the Evaluation of the Efficiency of the Tax-Benefit Systems. The B.E. Journal of Economic Analysis & Policy, 18(4), pp. 1-16 [CrossRef]

  18. Håkonsen, L., 1998. An Investigation into Alternative Representations of the Marginal Cost of Public Funds. International Tax and Public Finance, 5, pp. 329-343 [CrossRef]

  19. Harberger, A. C., 1964. The Measurement of Waste. American Economic Review, 54, pp. 58-76.

  20. Hausman, J. A., 1980. The Effects of Wages, Taxes and Fixed Costs on Women’s Labor Force Participation. Journal of Public Economics, 14(2), pp. 161-192 [CrossRef]

  21. Hausman, J. A., 1985. The Econometrics of Non-linear Budget Sets. Econometrica, 53(6), pp. 1255-1282 [CrossRef]

  22. Heckman, J. J., 1974. Shadow Prices, Market Wages and Labor Supply. Econometrica, 42(4), pp. 679-694 [CrossRef]

  23. Jacobs, B., 2009. The Marginal Cost of Public Funds and Optimal Second-Best Policy Rules. Mimeo. Rotterdam: Erasmus University Rotterdam.

  24. Jacobs, B., 2018. The Marginal Cost of Public Funds is One at the Optimal Tax System. International Tax and Public Finance, 25, pp. 883-912 [CrossRef]

  25. Kirman, A., 1992. Whom or what does the Representative Agent Represent? Journal of Economic Perspectives, 6(2), pp. 117-136 [CrossRef]

  26. Kirman, A., 2010. The Economic Crisis is a Crisis for Economic Theory. CESifo Economic Studies, 56(4), pp. 498-535 [CrossRef]

  27. Kleven, H. J. and Kreiner, C. T., 2006. The Marginal Cost of Public Funds: Hours of Work versus Labor Force Participation. Journal of Public Economics, 90(10-11), pp. 1955-1973 [CrossRef]

  28. Mayshar, J., 1990. On Measures of Excess Burden and Their Application. Journal of Public Economics, 43(3), pp. 263-289 [CrossRef]

  29. McFadden, D., 1974. Conditional Logit Analysis of Qualitative Choice Behavior. In: P. Zarembka, ed. Frontiers in Econometrics. New York: Academic Press, pp. 105-142.

  30. Pigou, A. C., 1947. A Study in Public Finance. London: Macmillan.

  31. Stern, N., 1986. On the Specification of Labour Supply Functions. In: R. Blundell and I. Walker, eds. Unemployment, Search and Labour Supply. London: Cambridge University Press, pp. 143-189.

  32. Van Soest, A., 1995. A Structural Model of Family Labor Supply: A Discrete Choice Approach. Journal of Human Resources, 30(1), pp. 63-88 [CrossRef]

  June, 2022
II/2022

In order to give you a better user experience, cookies have been stored on your computer.
Accept cookie     More information